Article D133-11 of the French Monetary and Financial Code
The Autorité de contrôle prudentiel et de résolution will notify the applicant of its decision within two months of receipt of the complete application. Silence on the part of the AMF on expiry of this period shall constitute acceptance of the application for exemption. Where the conditions referred to in paragraph 7 of Article 33 of Commission Delegated Regulation (EU) No 2018/389 of 27 November 2017 are met, the Autorité…